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more taxes on the rich to help pay for regardless of your point of view. get ready. already licking their financial jobs planning for it, never mind you have not even castro. it seems a lot of politicians are already grabbing for your wallet. not much talk about getting the debt under control. lots of talk about, as we say, getting their spending that helped get it out of debt and into debt out of control. an issue that worries to former titans of the senate, democrat sam nunn and republican bob bennett. partisan coming up first. right now fox news digital political editor and town hall dot com editor. what are we to make about these plans for a second obama administration, it might not come to pass, but they are getting their spending priorities in order. >> look. the thing that the president is very clearly doing in this reelection campaign is being a very vague. well democrats accuse mitt romney of being vague, the president has intentionally talked only in general about the need for infrastructure and other stimulus kind of spending and the need for what he says
more taxes on the rich to help pay for regardless of your point of view. get ready. already licking their financial jobs planning for it, never mind you have not even castro. it seems a lot of politicians are already grabbing for your wallet. not much talk about getting the debt under control. lots of talk about, as we say, getting their spending that helped get it out of debt and into debt out of control. an issue that worries to former titans of the senate, democrat sam nunn and republican...
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Oct 1, 2012
10/12
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john boehner is trying to work a deal with the president to do tax reform and entitlement reform and his deputy, the majority leader, calls people like paul ryan, who is now running for vice president. .. >> if you keep doing this, you are going to risk your speakership. the president said when i talked to him, interestingly enough, he said in fixing -- he realizes the magnitude of all of this, as does speaker boehner, key democrats, key republicans realize what it is. and the president literally said to me, i would willingly lose an election if i could solve these problems. it is that serious. tim geithner, the treasury secretary, in the book is quoted thousands of words telling the president, you have got to do something about this problem. we have to fix it. you literally, it's not that we're going to close down the government, we will close down the american economy and, in turn, the global economy. if they do not solve the issue of this runaway spending, get some way to stop borrowing in excess, he tells the president of the united states if we default on this, on our obligation
john boehner is trying to work a deal with the president to do tax reform and entitlement reform and his deputy, the majority leader, calls people like paul ryan, who is now running for vice president. .. >> if you keep doing this, you are going to risk your speakership. the president said when i talked to him, interestingly enough, he said in fixing -- he realizes the magnitude of all of this, as does speaker boehner, key democrats, key republicans realize what it is. and the president...
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tax rate, they're taxed at a lower rate. the businesses in the last 3% of businesses happen to employ half -- half of all people that work in small business. they employ one-quarter of all workers in america, and you want to take their tax rate from 35% to 40%. i talked to a guy with a very small business, he's in the electronics business in st. louis. he has four employees. he said he and his son calculated how much they pay in taxes, federal income tax, federal payroll tax, state sales tax, state property tax, gasoline tax, it added up to well over 50% of what they earned. and your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses says that will cost 700,000 jobs. i don't want to cost jobs. my priority is jobs. and so what i do, i bring down the tax rates, lower deductions and exemptions, the same idea by behind bowles-simpson, by the way, get the rates down, lower exemptions and create jobs. there's nothing better to get us to a balanced budget t
tax rate, they're taxed at a lower rate. the businesses in the last 3% of businesses happen to employ half -- half of all people that work in small business. they employ one-quarter of all workers in america, and you want to take their tax rate from 35% to 40%. i talked to a guy with a very small business, he's in the electronics business in st. louis. he has four employees. he said he and his son calculated how much they pay in taxes, federal income tax, federal payroll tax, state sales tax,...
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Oct 1, 2012
10/12
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the earned income tax credit. i doubled the earned income tax credit. it was signed under the tax credit. reagan started it. we started it with a strong support of republicans in congress. president bush dealt with that, then president obama increased the earned income tax credit for families with more than three children. this is a rejection of basically more than three decades of bipartisan policy to support working families. it's not a bunch of free loaders. there's only 4% of the total population who don't pay federal income tax and don't work and may not be looking for work. we now have the numbers on this, so, i think that most important thing for him is to find a way to relate to more people in these debates and speak to more of them. this is not the republican primary anymore. >> is he principled, do you think? mitt romney? >> that's not the issue, to me. i think he will -- i think he's principled in the sense that he will keep e commitments that he has made. almost all people when they run for president m
the earned income tax credit. i doubled the earned income tax credit. it was signed under the tax credit. reagan started it. we started it with a strong support of republicans in congress. president bush dealt with that, then president obama increased the earned income tax credit for families with more than three children. this is a rejection of basically more than three decades of bipartisan policy to support working families. it's not a bunch of free loaders. there's only 4% of the total...
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Oct 4, 2012
10/12
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FOXNEWSW
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i call it the economy tax. it has been crushing. >> the cand dates will meet again on october caneth for debate number two. and up first, the only vice-president debate between the respect and paul ryan. >> that's the one we all want to see. thank you so much. >> the president and mitt romney not veering from their messages and taking every chance they could to hit one another on the policies. >> i know that you and your running mate is saying that and it is popular thing to say but it is not the case. i got five boys and i am used to people saying something that is not always true but keeping on repeating it and hoping i will believe it. that's not the case. i will not reduce taxes paid by high income americans. >> the fact is, if you low are the rates the way you describe, governor, it is not possible to come up with enough deductions and loop holes that only affect high income individuals to avoid raising the deficit or burdening the middle class. it is math. it is arithmetic. >> don't forget you put 90 bill
i call it the economy tax. it has been crushing. >> the cand dates will meet again on october caneth for debate number two. and up first, the only vice-president debate between the respect and paul ryan. >> that's the one we all want to see. thank you so much. >> the president and mitt romney not veering from their messages and taking every chance they could to hit one another on the policies. >> i know that you and your running mate is saying that and it is popular...
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Oct 3, 2012
10/12
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the fact these bums don't want to pay tax and the richest guy in the world is avoiding tax. >> bill clinton has the best peripheral vision in the history of politics. he knows how to do it. clinton uses a sense of humor to do it, to make the other guy seem like a complete hypocritical phoney. rather than say the guy is a hypocritical phoney, bill clinton builds the occasion like he's talking to the jury. that's what he did there. that's the obstacle that mitt romney has. the way people view mitt romney, in the nbc poll, they still basically have a negative view of the guy. he has to come out there and say, i know how to fix the economy on your behalf, even though people know his whole life has been dedicated to flipping corporates and doing the magic that he did that got him the caymen offshore account. and $100 million i.r.a., individual retirement account. >> he has to show -- >> how does a guy -- >> how does that help us? >> -- have a $100 million individual retirement account? >> one thing president clinton has done so successfully, he's not against wealth. he's just against hypocrisy,
the fact these bums don't want to pay tax and the richest guy in the world is avoiding tax. >> bill clinton has the best peripheral vision in the history of politics. he knows how to do it. clinton uses a sense of humor to do it, to make the other guy seem like a complete hypocritical phoney. rather than say the guy is a hypocritical phoney, bill clinton builds the occasion like he's talking to the jury. that's what he did there. that's the obstacle that mitt romney has. the way people...
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Oct 6, 2012
10/12
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KQEH
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benefits and tax entitlements and special tax treatments across the entire code lower tax rates it seems to me, was a very effective political stand. he articulated extremely well as pat said. it was very sub studentive performance. he said it in a very organized and clear way. i think he was extraordinarily more effective than anybody anticipated, and the president, for whatever reason, was just not in the game. >> why was obama thrown off balance? >> i call it the second-term blahs, john. you've seen this happen with other presidents running for reelection. it's the kind of a job where you're constantly having people, really, you know, yes- men and yes-women surrounding you, and you kind of get out of practice on standing up there and telling someone who is telling you to your face that you're ruining the country. obama's conflict of verse -- obama is conflict averse, anyway, when it comes to directly confronting people. he should be well familiar from being out there on the stump. he was giving these elongated answers, complex, compound sentences instead of just saying, mr. romney, yo
benefits and tax entitlements and special tax treatments across the entire code lower tax rates it seems to me, was a very effective political stand. he articulated extremely well as pat said. it was very sub studentive performance. he said it in a very organized and clear way. i think he was extraordinarily more effective than anybody anticipated, and the president, for whatever reason, was just not in the game. >> why was obama thrown off balance? >> i call it the second-term...
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cut taxes and we will see growth. this is such the overstimulated economy we have so much government doesn't this change the algorithms? >> it does. the tax rate reduction is necessary but not sufficient we have to get at of the hands to read -- regulate large segments is everybody said bill the house and cut down the tree they did not say you could not do any of those under the epa. lou: obama appeals to the middle-class as he will try tonight unemployment over 8% it has ben devastating. how this the have a compelling message the shambles of the middle-class? >> he is not afraid of the truth he does not want the american people to know the work force is shrinking and it is more profitable for the american people to be on the dole and for them to go out to work that has made the workforce shrink and make it smaller. >> how does governor romney convince the people that are watching and make it compelling he could change the destiny of the correction and of the country within two minutes or maybe the rebuttal? >> he doe
cut taxes and we will see growth. this is such the overstimulated economy we have so much government doesn't this change the algorithms? >> it does. the tax rate reduction is necessary but not sufficient we have to get at of the hands to read -- regulate large segments is everybody said bill the house and cut down the tree they did not say you could not do any of those under the epa. lou: obama appeals to the middle-class as he will try tonight unemployment over 8% it has ben devastating....
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Oct 5, 2012
10/12
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MSNBC
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president tried to get him on that on the $5 trillion tax cut thing. i'm not sure he effectively pinned him down on that though the obama campaign was spinning that they did. >> i think they made a mistake on that issue, the obama people did, by going with the $5 trillion. because that, you know, policy wonks can debate whether it amounts to $5 trillion or not. what they can't debate, it's a 20% tax reduction for the wealthiest americans. that is a plain irrefutable fact and if they used that, it would, first of all, explain more what this is, which is a tax cut for the wealthy which was one of several points the president wasn't able to actually convey in a clear way. and would also be, you know, be on dispute factually. >> and when a -- sorry, go ahead. >> no. >> when paul ryan spoke at the republican convention, the first reaction was, wow, young fresh guy, so handsome. you know, there's like -- an immediate positive response. later that night, that same e n evening in the same news cycle, the sort of second breath response was, wow, there are a lot
president tried to get him on that on the $5 trillion tax cut thing. i'm not sure he effectively pinned him down on that though the obama campaign was spinning that they did. >> i think they made a mistake on that issue, the obama people did, by going with the $5 trillion. because that, you know, policy wonks can debate whether it amounts to $5 trillion or not. what they can't debate, it's a 20% tax reduction for the wealthiest americans. that is a plain irrefutable fact and if they used...
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Oct 3, 2012
10/12
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in january, whatever the tax economy is, if you become president, that's when you decide what the tax closures will be. >> bob: good idea what you said, to say that. but he still has to say when he said on the trail -- by the way, obama should say your own vice president candidate voted against simpson-bow-bowles. leaving that aside, can you tell us what loopholes you are going to cut that won't affect the middle class? he can't. >> eric: you know what else president obama can't do is talk about which entitlement he will cut to bring the deficit down which he promised four years ago. >> andrea: i don't think president obama has a leg to stand on when it comes to entitlements. in the last four years he created a giant new entitlement that will put the onerous taxes on the middle class. i think he has to keep president obama on defense all night. i've talked to a lot of people and they say the entire debate is about romney. romney needs to play to win. while president obama needs to play not to lose. as long as he can keep him on defense, which he can. the facts are on romney's side. i
in january, whatever the tax economy is, if you become president, that's when you decide what the tax closures will be. >> bob: good idea what you said, to say that. but he still has to say when he said on the trail -- by the way, obama should say your own vice president candidate voted against simpson-bow-bowles. leaving that aside, can you tell us what loopholes you are going to cut that won't affect the middle class? he can't. >> eric: you know what else president obama can't do...
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Oct 8, 2012
10/12
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CSPAN2
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going back to tax. your premise is that people are making a decision between -- even i income people who, you know, are certainly high income people consume that you were saying they are making the choices about investment versus consumption, based on taxes. i sort of imagine, i'm a, not sure how rich were talking about but at some point you of certain level of wealth, it seems to me people kind of by what they want and then they invest the rest. but you are saying you think actually that they buy more if tax rates were higher. you think i would have an important impact. >> guest: all the time i take the point it takes a lot. yes, i think, yes, but i would say it compounds gradually over time into the point where what you want, i think what is lost in this equation is how do you really get rich as an investment. you satisfy customers. customers are what makes you rich. they say you're the guy who is satisfy my needs, not that guy over there who is not getting rich. so what you really want, talent people
going back to tax. your premise is that people are making a decision between -- even i income people who, you know, are certainly high income people consume that you were saying they are making the choices about investment versus consumption, based on taxes. i sort of imagine, i'm a, not sure how rich were talking about but at some point you of certain level of wealth, it seems to me people kind of by what they want and then they invest the rest. but you are saying you think actually that they...
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Oct 4, 2012
10/12
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federal income tax, federal payroll tax, state income tax, state sales tax, state property tax, gasoline tax -- it added up to well over 50% of what they earned. and your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses has said that will cost 700,000 jobs. i don't want to cost jobs. my priority is jobs. and so what i do is i bring down the tax rates, lower deductions and exemptions, the same idea behind bowles simpson, by the way. get the rates down, lower deductions and exemptions, to create more jobs, because there's nothing better for getting us to a balanced budget than having more people working, earning more money, paying more taxes. that's by far the most effective and efficient way to get this budget balanced. >> jim, you may want to move on to another topic, but i would just say this to the american people. if you believe that we can cut taxes by $5 trillion and add $2 trillion in additional spending that the military is not asking for, $7 trillion, just to give you a sense, over ten years, that's mor
federal income tax, federal payroll tax, state income tax, state sales tax, state property tax, gasoline tax -- it added up to well over 50% of what they earned. and your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses has said that will cost 700,000 jobs. i don't want to cost jobs. my priority is jobs. and so what i do is i bring down the tax rates, lower deductions and exemptions, the same idea behind bowles...
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Oct 4, 2012
10/12
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this is a tax in itself -- the economy tax. gasoline prices have doubled under the president, electric rates are up, food prices are up, health-care costs have gone up by $2,500 per family. the question is how to get them going again. it is energy and trade. the right kind of training programs. the president mentioned those ideas. education. it is key. it is the future of our economy. we have 47 training programs. they are reporting to eight agencies. we have to get those dollars back to the states and to the workers so they can create pathways into training they need for jobs that will help them. taxation. we should bring the tax rates down. for corporations and individuals. for us not to lose revenue, i lowered deductions and credits and intentions so we keep taking in the same money when you account for growth. energy is critical. the president pointed out that production of oil and gas in the u.s. is up but not due to his policies -- in spite of his policies. all of the increase in natural gas and oil has happened on privat
this is a tax in itself -- the economy tax. gasoline prices have doubled under the president, electric rates are up, food prices are up, health-care costs have gone up by $2,500 per family. the question is how to get them going again. it is energy and trade. the right kind of training programs. the president mentioned those ideas. education. it is key. it is the future of our economy. we have 47 training programs. they are reporting to eight agencies. we have to get those dollars back to the...
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david: president obama almost certain to characterize mitt romney's tax plans tonight as tax cuts for the rich, or awe kise him of advocating trickle-down economics as he has done before but is that a fair characterization. where did it come from? famed economist thomas sowell has been looking into all this. he wrote an essay, trickle down theory and tax cuts for the rich published by hoover institution press and professor sowell joins us now. professor, always an honor to have you here. thanks for coming in. >> thanks for having me. david: so has any republican actually ever advocated something called trickle-down economics? >> neither a republican nor a democrat, nor member of any other group, nor any human being that i know of ever advocated that. david: so where does it come from? >> it comes from people who are opposed to tax cuts and who say that the people who want the tax cuts just want to give more money to the rich and in hopes their prosperity will trickle down. no one has ever said that. years ago in my column i challenged anyone to name any human being who had ever said i
david: president obama almost certain to characterize mitt romney's tax plans tonight as tax cuts for the rich, or awe kise him of advocating trickle-down economics as he has done before but is that a fair characterization. where did it come from? famed economist thomas sowell has been looking into all this. he wrote an essay, trickle down theory and tax cuts for the rich published by hoover institution press and professor sowell joins us now. professor, always an honor to have you here. thanks...
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Oct 1, 2012
10/12
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KPIX
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we've got to collect the taxes to do it. if there's a fairer way, i'm all ears. >> schieffer: when i moderated the 2008 debate-- the rules tonight are simple-- a third party also figured in the proceedings, a man who had become known as joe the plumber. >> a worked hard, i'm a plumber. >> he had become a symbol of the frustration of many blue collar workers to the point when candidates sat down to debate-- >> joe the plumber-- >> schieffer: you got the idea joe was running for something, too. >> the conversation i had with joe the plumber. >> like joe the plumber. >> i'm happy to talk to you, joe, too, if you're out there. >> to people like joe the plumber. >> schieffer: joe became such a part of the conversation i thought about thanking him at the end. but this was a presidential debate. so i didn't want to be too cute. and who knows what this year will bring. but i doubt we'll hear from joe. it turns out he's busy running if are congress out in ohio. back in a minute. they have teachers... ...with a deeper knowledge of the
we've got to collect the taxes to do it. if there's a fairer way, i'm all ears. >> schieffer: when i moderated the 2008 debate-- the rules tonight are simple-- a third party also figured in the proceedings, a man who had become known as joe the plumber. >> a worked hard, i'm a plumber. >> he had become a symbol of the frustration of many blue collar workers to the point when candidates sat down to debate-- >> joe the plumber-- >> schieffer: you got the idea joe was...
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Oct 8, 2012
10/12
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CSPAN2
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eye 106
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john boehner is trying to work a deal with the president to do tax reform and entitlement reform and his deputy, the majority leader, calls people like paul ryan, who is now running for vice president. .. >> if you keep doing this, you are going to risk your speakership. the president said when i talked to him, interestingly enough, he said in fixing -- he realizes the magnitude of all of this, as does speaker boehner, key democrats, key republicans realize what it is. and the president literally said to me, i would willingly lose an election if i could solve these problems. it is that serious. tim geithner, the treasury secretary, in the book is quoted thousands of words telling the president, you have got to do something about this problem. we have to fix it. you literally, it's not that we're going to close down the government, we will close down the american economy and, in turn, the global economy. if they do not solve the issue of this runaway spending, get some way to stop borrowing in excess, he tells the president of the united states if we default on this, on our obligation
john boehner is trying to work a deal with the president to do tax reform and entitlement reform and his deputy, the majority leader, calls people like paul ryan, who is now running for vice president. .. >> if you keep doing this, you are going to risk your speakership. the president said when i talked to him, interestingly enough, he said in fixing -- he realizes the magnitude of all of this, as does speaker boehner, key democrats, key republicans realize what it is. and the president...
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Oct 4, 2012
10/12
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KTVU
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tax rate, they are taxed at lower tax rate. but those top 3% employee half the -- those are the businesses that employ one-quarter of all the workers in america. your plan is to take that tax rate from 38% to 40%. federal income tax, federal payroll tax, state income tax, state sales tax, gasoline tax, it adds up to 50% oo what they earn. your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of businesses has said that will cost 700,000 jobs. i don't want to cost jobs.+ my priority is jobs. what i'd do is bring down the tax rate, lower deductions and exemptions, the same idea behind bowles-simpson, by the way. get the breaks down, lower deductions and exemptions, to create more jobs. there is nothing better for+ getting us to a balanced budget and having more people working, earning more money, pay more taxes. that is by far the most effective and efficient way to get this budget balanced. >> you mmy want to move on to another topic, but i would just say to the american people
tax rate, they are taxed at lower tax rate. but those top 3% employee half the -- those are the businesses that employ one-quarter of all the workers in america. your plan is to take that tax rate from 38% to 40%. federal income tax, federal payroll tax, state income tax, state sales tax, gasoline tax, it adds up to 50% oo what they earn. your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of businesses has said that will cost 700,000 jobs....
WHUT (Howard University Television)
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Oct 3, 2012
10/12
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WHUT
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how, in lord's name, can they justify raising taxes? >> vice-president biden today said that the middle-class over the last of we or years has been buried. we agree. that means we need to stop digging, which means we have to collect mitt romney as president of the united states. >> meanwhile, paul ryan has appeared in videos online. in a speech delivered last november, he said 30% of americans want to live off the government. today, 70% of americans get more benefit from the federal government and a payback in taxes. you could argue we are already passed a tipping point. the good news is, survey after survey, poll after poll, still shows we are a center-right country. 70% of americans won the american dream. only 30% want the welfare state. what that tells us is, at least half of those people currently in that category are there not of their wish or will. >> new video has surfaced of embattled missouri congressmember and republican senate candidate tod achan calling abortion doctors terrorists and accusing them of providing abortions to
how, in lord's name, can they justify raising taxes? >> vice-president biden today said that the middle-class over the last of we or years has been buried. we agree. that means we need to stop digging, which means we have to collect mitt romney as president of the united states. >> meanwhile, paul ryan has appeared in videos online. in a speech delivered last november, he said 30% of americans want to live off the government. today, 70% of americans get more benefit from the federal...
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Oct 1, 2012
10/12
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well, if they're investing overseas, investing in offshore accounts, they shouldn't get tax breaks. they should get them for creating jobs and businesses in this country. and people would get off unemployment. >> i want to correct myself to make sure i said it correctly. the cbo is non-partisan. thank you, sir. i appreciate you joining us. >> thank you. >>> one state marking the early voting with people catching zs outside election offices. we're looking at the goals of what's called sleep out the vote. >>> and with poll after poll giving the advantage to team obama, we look at team romney's narrowing path to 270. and one of the critical states out west. bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. >>> now to early voting out of ohio. where the message to voters seems to be if you snooze, you won't lose
well, if they're investing overseas, investing in offshore accounts, they shouldn't get tax breaks. they should get them for creating jobs and businesses in this country. and people would get off unemployment. >> i want to correct myself to make sure i said it correctly. the cbo is non-partisan. thank you, sir. i appreciate you joining us. >> thank you. >>> one state marking the early voting with people catching zs outside election offices. we're looking at the goals of...
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Oct 8, 2012
10/12
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WETA
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because 47%, he said didn't pay income taxes. but many of those people pay payroll taxes. many of those are young people, old people, after all, many of the older people may not be paying income taxes now but they paid their social security contributions. and now they're getting back what they paid for. so to say that they were freeloaders was really denigrating a lifetime of work that they had contributed to. >> rose: where is the federal reserve in all of this? >> the federal reserve obviously wasn't doing what it should have done in the years before the crisis. >> it was paying too much attention to interest rates and not enough attention to employment. >> that was one of the problems. it was not paying enough attention to what the banks were doing. one of the members of the fed actually talked about it. there is a housing bubble going on there is predatory lending going on. you should stop this because if you don't you're going to have a problem. >> greenspan and the rest of the board ignored it. and so that lead to the housing bubble. and predatory lending. the fed ha
because 47%, he said didn't pay income taxes. but many of those people pay payroll taxes. many of those are young people, old people, after all, many of the older people may not be paying income taxes now but they paid their social security contributions. and now they're getting back what they paid for. so to say that they were freeloaders was really denigrating a lifetime of work that they had contributed to. >> rose: where is the federal reserve in all of this? >> the federal...
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Oct 4, 2012
10/12
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CURRENT
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federal tax, state tax, state income tax, gasoline tax, it added up to well over 50% of what they earned. and your plan is to take the tax rate successful small businesses from 35% to 40%. that will cost jobs. my priority is jobs so what i do is bring down the tax rates, lower deductions and exemptions. create more jobs because there's nothing better for getting us to an balanced budget than having more people working, earning more money paying more taxes, that's by far the more efficient way to get this balanced. >> obama: jim, i would just say this to the american people if you believe we can cut taxes by $5 trillion and add $2 trillion in additional spending that the military is not asking for -- $7 trillion just to give you a sense over ten year's that's more than our entire defense budget and you think that by closing loop holes and deductions for the well to do somehow you will not end up picking up the tab, then governor romney's plan may work for you, but i think math common sense and our history shows us that's not a recipe for job growth. we have tried this -- we have tried bot
federal tax, state tax, state income tax, gasoline tax, it added up to well over 50% of what they earned. and your plan is to take the tax rate successful small businesses from 35% to 40%. that will cost jobs. my priority is jobs so what i do is bring down the tax rates, lower deductions and exemptions. create more jobs because there's nothing better for getting us to an balanced budget than having more people working, earning more money paying more taxes, that's by far the more efficient way...